SHB Consultants: Pharmacy consulting
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  Phramacy Consulting: Sell Your Pharmacy

Does the effect of Medicare Part D and ever decreasing profit margins have you thinking, "I have to Sell my Pharmacy"? If so,

STOP BEFORE YOU FOLLOW THRU ON THAT THOUGHT!

SHB Consultants can help you Keep Your Pharmacy Open so that you can continue to practice pharmacy the way you always dreamed.

Contact us today for a free initial conversation to see how our team of business consultants can keep your dream of an Independent Pharmacy Alive.

If indeed this is the right time you want to sell your pharmacy and maximize your gain, you have come to the right place!

Our team of Pharmacy Business Management Consultants (team) headed by Michael Busch provides a unique service to pharmacy owners desiring to sell their pharmacy. As a pharmacist, Michael and his asscociates have successfully initiated and completed the sale of independently owned and small chain pharmacies representing over $200 million in sales. In doing so, he and his partners developed a procedural system that has resulted in a 95% success rate; that is right…. A Pharmacy for sale...gets sold!

Bob Gude, RPh and a member of the Sell-Your-Pharmacy Advisory Board
Bob Gude, RPh

Here is what Bob Gude, RPh and a member of the "Sell-Your-Pharmacy" and "Keep Your Pharmacy Open" Advisory Board has to say…….

"People have asked, do you think it is smart to get out of pharmacy now; is that why you have associated with Sell-Your-Pharmacy.com and Keep-Your-PharmacyOpen.com?"

My reply is: "I'm afraid a good number of pharmacy owners are going to over-react to discouraging trends in the marketplace (you know what they are) by selling their pharmacy prematurely and not get full value from their hard-earned investment. Yes, pharmacy owners will need to make some changes in the way they operate, but in most cases the appropriate changes can be made, the businesses can continue to serve their communities, while providing an acceptable return on investment to their owners. I know that Michael Busch has the expertise to help pharmacy owners overcome the obstacles and remain in business should they wish to do so. On the other hand, if it is really time to sell Michael's advice will help owners to maximize the price they will receive for their business."

Read (about SHB Consultants)!

The Sell-Your-Pharmacy team will complete the following:

  • First, we will provide a comprehensive and objective valuation of your pharmacy. This will include a full examination of the pharmacy's current financial position and, if necessary, discuss any changes that can be made to make your pharmacy more saleable and to maximize your gain (see "Ninth" below, for more clarification). There are two phases to this: the initial phase conducted at our office utilizing information provided by you and the comprehensive valuation requiring a visit to your pharmacy.
  • Second, we will research the marketplace to identify the most likely buyers and determine which is likely to pay the highest price.
  • Third, we will prepare an informational package on the pharmacy (note: it will never be provided without first obtaining a confidentiality and non-disclosure agreement). The purpose of the informational package is to make sure that we present your pharmacy in the best possible light. It will stress benefits to the prospective buyers.
  • Fourth, we will quietly make contact with legitimate decision makers of all of the prospective buyers. Before one shred of information is shared and in most cases before even identifying you and the pharmacy, we obtain an executed Confidentiality and Non-Disclosure Agreement.
  • Fifth, once we have an interested party we obtain a Letter of Intent to Purchase (LOI). This is a non-binding agreement and is subject to any due diligence the prospective buyer wishes to complete.
  • Sixth, we conduct all negotiations with the buyer. The advantage of this is that we will never be trapped into making a yes or no decision. We believe that a seller should never do their own negotiating. There is much more leverage when a 3rd party does the negotiating
  • Seventh, while it is essential for you to involve your attorney and tax advisor in the process, we actively work with these professionals so as to make sure that we are all on the same page and also, to control your costs.
  • Eighth, we review all documents relative to the transaction, assist in establishing a favorable closing date and make sure that you are in compliance with all covenants and restrictions relative to the sale.
  • Ninth, in the event there needs to be any negotiations with any of your creditors, secured or unsecured, taxing authorities, landlord, etc., we will create a strategy and where appropriate negotiate in your behalf. Note: the need for this will be identified early on in the process and will be addressed in accordance with the timing of the transaction.
  • Tenth, we are either present at your closing or available by telephone to make sure that everything runs smoothly and there are no outstanding issues that could interfere with completing the transaction.

In other words the "Sell-Your-Pharmacy" process is to be with you from start to finish, managing each activity all the way through the successful sale of your pharmacy.

How do we get paid?
There is no charge for the initial assessment….you receive a signed Confidentiality Agreement from SHB Consultants and simply fill out our Assessment form.

We charge a fee for the comprehensive valuation. Again the amount of the fee is based upon the size and complexity of your business. This fee is credited against the success fee.

We charge a success fee. Any fees previously paid are applied to the success fee.

Get Started Today! For a no obligation consultation call SHB Consultants at (800) 603-2519.